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bogdanovich [222]
3 years ago
11

Find the total amount of interest earned on this savings account.

Mathematics
2 answers:
loris [4]3 years ago
8 0

Answer:

B

Step-by-step explanation:

797.30

Eddi Din [679]3 years ago
4 0

Answer:

$ 797.30

Step-by-step explanation:

Given in question

Principal =$4,556

Rate of interest = 2.5%

Time period = 7 years

Now we calculate the interest as Simple interest (SI) method

SI = \frac{(principal * Rate * Time)}{100}

SI = \frac{(4,556 * 2.5 * 7)}{100}

SI = \frac{79730}{100}

So , SI = $ 797.30               Answer

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